Fees for end of year accounts

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TheCyclingProgrammer replied

10 February 2014, 16:26
Originally posted by scooterscot View Post

Thank you for the quick reply.

I have a Ltd in the UK I no longer use. However, whilst I'm the sole director, I'm also resident in Germany. I needed to understand if I should be paying VAT or not.

If your accountant is VAT registered, they will be billing YourCo in the UK so they will be charging VAT. If you're still registered on the standard VAT scheme you can obviously reclaim this.
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doodab replied

10 February 2014, 16:16
Originally posted by scooterscot View Post

The UK Ltd.

Then the company should be paying.
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scooterscot replied

10 February 2014, 15:15
Originally posted by doodab View Post

Whose accounts are they?

The UK Ltd.
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doodab replied

10 February 2014, 15:14
Originally posted by scooterscot View Post

Who's liable, me as an individual or the Ltd company?

Whose accounts are they?
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scooterscot replied

10 February 2014, 14:08
Originally posted by Clare@InTouch View Post

The company is liable for payment, as the invoice should be addressed to the company.

You as a director should have signed the terms of engagement, but on behalf of the company.

You can become liable for company debts if you're negligent or fraudulent, or you agreed to be so.

Thank you for the quick reply.

I have a Ltd in the UK I no longer use. However, whilst I'm the sole director, I'm also resident in Germany. I needed to understand if I should be paying VAT or not.
Leave a comment:
Clare@InTouch replied

10 February 2014, 13:49
The company is liable for payment, as the invoice should be addressed to the company.

You as a director should have signed the terms of engagement, but on behalf of the company.

You can become liable for company debts if you're negligent or fraudulent, or you agreed to be so.
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scooterscot started a topic Fees for end of year accounts

10 February 2014, 13:47
Fees for end of year accounts

Who's liable, me as an individual or the Ltd company?
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